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Does the Iran war diminish US superpower status?
The US is still unrivaled in its ability to project military strength around the world, but Iran’s success in blocking the Strait of Hormuz has raised tough question on America’s role as protector of global trade.
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Jim Cramer: Why we’re headed back to pre-Iran war oil prices and what it means
A sustained decline in oil prices would reverberate positively through the economy.
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German broadcaster removes TV intro after Elon Musk takes legal action
ZDF TV responded to a “cease and desist” letter after the tech trillionaire condemned the broadcaster’s “outrageous lies”.
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EU health chief to probe effects of Trump’s drug pricing push
The EU health ministers have tasked the European Health Commissioner to assess the impact of the US’ most-favourite-nation policy on the bloc.
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Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets
Odds that a proposed billionaire tax is on California’s ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.
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Rivian laying off hundreds of workers amid R2 launch
Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce.
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Hundreds of cats stolen for food in Vietnam rescued by police, welfare group says
Police have arrested nine people and rescued more than 400 cats destined for slaughter, with more than 40 reunited with their owners.
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Iran deal won’t solve oil supply issues overnight. Barclays keeps $100 forecast
Barclays warns that immediate normalization of physical oil supply chains across the Strait of Hormuz could take weeks.
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Church of Sweden launches ethics inquiry into PM’s ordained wife
The Lutheran Church of Sweden, which has some 5.4 million members in a country of 10.6 million, formally separated from the Swedish state in 2000. #EuropeNews
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SpaceX options debut draws record volume as investors chase rocket stock
June 16 : Trading in SpaceX options kicked off with heavy volume on Tuesday, underscoring strong investor demand for a new way to bet on the future of Elon Musk’s aerospace company.More than half a million contracts changed hands in the first hour of trading as investors piled into the newly listed company, m
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